Tactica Commerce
Tactica Commerce provides a Source-to-Pay solution that enhances procurement processes for organizations, enabling better supplier discovery and spend optimization.
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Description
Tactica Commerce offers a comprehensive Source-to-Pay solution designed to enhance procurement processes across various industries. With a focus on efficiency, Tactica assists organizations in discovering qualified suppliers, expediting sourcing and procurement cycles, managing contracts, and optimizing spending to improve overall financial performance.
The key functionalities include:
- eSourcing: Facilitates the sourcing process by streamlining supplier discovery and selection, ensuring organizations work with qualified partners.
- e-Tendering: Manages tender processes seamlessly, enabling organizations to invite bids and evaluate suppliers efficiently.
- e-Procurement: Enhances the procurement lifecycle with tools for managing purchase orders and invoices, ensuring compliance and control.
- Supplier Management: Provides a framework for managing supplier relationships, performance, and risk.
- Contract Management: Enables organizations to create, manage, and negotiate contracts effectively, enhancing compliance and reducing risk.
- Spend Analysis: Offers insights into spending patterns, helping organizations identify opportunities for cost savings and improved negotiation strategies.
Tactica has successfully managed over 100,000 bidding projects, totaling more than USD 3 billion in purchase amounts. The platform serves various customers, including well-known companies such as Wharf and VTech, showcasing its versatility and effectiveness in enhancing procurement processes.
Features
eSourcing
Streamlines the sourcing process by helping organizations discover and evaluate qualified suppliers.
e-Tendering
Manages the tendering process efficiently, allowing organizations to send out bids and assess responses.
e-Procurement
Facilitates the entire procurement cycle, from purchase orders to invoice management.
Supplier Management
Enhances supplier relationship management, focusing on performance and risk assessment.
Contract Management
Enables effective contract lifecycle management, ensuring compliance and risk mitigation.
Spend Analysis
Provides analytical insights into spending habits to drive cost savings and better negotiation outcomes.
Tags
Documentation & Support
- Documentation
- Support
- Updates